Hi there, MarketWatchers. Don’t miss these top stories: Personal Finance Here’s a ray of hope for people worried they missed a valuable tax break on jobless benefits by filing too soon Though jobless benefits count as taxable income, one part of the sprawling law says the first $ 10,200 of …
Read More »: Biden administration extends forbearance and foreclosure protections through June
Good news for Americans who are forced to skip their mortgage payments amid rising unemployment. The White House is extending the foreclosure moratorium until the end of June for homeowners with mortgages backed by the Department of Housing and Urban Development, Department of Veterans Affairs, and Department of Agriculture. Homeowners …
Read More »Rates adjust to new Administration
“After months of barely budging, mortgage rates rose significantly in early January at their strongest pace since the spring,” said Matthew Speakman, a Zillow economist. “But that upward momentum has since dissipated, and it appears that fears of an extended, more substantial spike in rates have diminished — at least …
Read More »: Biden administration extends nationwide eviction moratorium
U.S. President Joe Biden formally requested that officials extend the nationwide bans on evictions and foreclosures hours after his inauguration. Biden asked the U. S. Centers for Disease Control and Prevention to consider extending the federal eviction moratorium until at least March 31, 2021. Rochelle Walensky, the new CDC director, …
Read More »: Biden administration to extend student loan payment pause on Day 1, transition officials say
Once in office, President-elect Joe Biden will extend the coronavirus-era payment pause on student loans, a member of his transition team told reporters Friday. “On Day 1, the president-elect will direct the Department of Education to extend the existing pause on student-loan payments and interest for millions of Americans with …
Read More »: Trump administration says WeChat ban wouldn’t affect its U.S. users
The TikTok and WeChat app icons are seen on a smartphone screen. Associated Press NEW YORK — A looming U.S. ban on the Chinese app WeChat won’t target people who use the app to communicate, according to a government court filing Wednesday. President Donald Trump issued orders on Aug. 6 that targeted …
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